Dimitris Rapidis

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In its latest report, the OECD (Organization for Economic Cooperation and Development) recommends that austerity measures in Eurozone should loosen up, adding that member-states should not abandon structural reforms. OECD points out that one the major variables that have deepened recession in Eurozone concerns the constant spending cuts, including those desitned to social welfare.

Posted by Dimitris Rapidis

Whenener a Eurogroup is convened and dealt with the public debt of Greece, during the last two years, there is a statement that depicts a positive, yet painful, result: that Greece will continue receiving financial support from the troika no matter what the long-term consequences of this support will be. This time, as in many… » read more

Posted by Dimitris Rapidis

Yesterday’s parliamentary election in Catalonia launched after the demand of the people of the region to define their electoral preferences with respect to the independence of their land. The large demonstration on the National Day of Catalonia, September 11, after the failing talks between Spain’s PM Rajoy and the President of Catalonia Artur Mas for… » read more

Posted by Dimitris Rapidis

Where are we going Europe?

It is more than obvious that the European Union is experiencing a huge identity crisis. These two years of austerity politics have signified the end of a big circle that started with the Maastricht Treaty in 1992 and the establishment of the three pillars of the European establishment. It is unfortunate, but this circle is… » read more

Posted by Dimitris Rapidis

The latest output about poverty in Greece conducted by the Greek Statistic Agency -along with combined data from Eurostat- shows the depth and width of the Greek problem since 2010. It only takes to consider that in 2010 unemployment rates were about 14% whereas two years later there is an increase of 50% reaching now… » read more

Posted by Dimitris Rapidis

Between real estate, lucrative strikes, and repurchase deals, George Soros has built the profile of a mysterious man. He is considered amid the very few people that pull the strings of those controlling the market trends and the fate of people globally. He is also frequently mentioned as distinguished guest in secret dinners, and as… » read more

Posted by Dimitris Rapidis

On 22 October 1962 US President JFK announced in a dramatic televised address to the American public that the Soviet Union has placed nuclear missiles in Cuba, and in response the US were establishing a blockade around the island in order to prevent any other offensive weapons from entering Castro’s state. Fifty years later why… » read more

Posted by Dimitris Rapidis

The International Monetary Fund in its annual report on November 5th refers to the possible threat of competitiveness deficit that is impeding growth in France. It is emphasizing on the danger France could turn into similar condition as in Spain and Italy, where zero-growth levels pressed both to adopt austerity measures in order to control… » read more

Posted by Dimitris Rapidis